Underwriting Manager

The Contract Binding Team within the Excess and Surplus division of IAT Insurance Group has an immediate opening for Underwriting Manager of our East Coast Territory from our Cheshire, Connecticut; Alpharetta, Georgia; Naperville or Rolling Meadows, Illinois; Raleigh, North Carolina; Jersey City or Newark, New Jersey; Norristown, Pennsylvania; or Virginia Beach, Virginia location.

Responsibilities

• Manages the work activities, performance, and professional development of the underwriting department, including leading and supporting a geographically dispersed remote team.
• Manage agency relationships and book management.
• Coach underwriting leaders, mentor underwriters, and contribute to the design and delivery of underwriting training programs; travel is required.
• Makes recommendations on underwriting policy and pricing strategy to Business Unit Lead.
• Reviews and manages the application of underwriting policy and pricing for all risks.
• Drive key initiatives and business strategies.
• Represent the organization at key industry events and conduct agency visits.
• Partner with the Product department to develop new products and enhance underwriting approaches.
• Work with the Claims team to review large loss reports and take corrective action when necessary.
• Work with the Actuarial team to review pricing, underwriting results, and portfolio performance.
• Cook with the Marketing team to communicate value propositions and underwriting messages to agency partners.
• Stay current on state and territory regulatory requirements, industry activity, and market trends.
• Lead and participate in projects as assigned.

Qualifications

• Must-Have: Bachelor’s degree in a related field with 5+ years of commercial insurance experience, or equivalent experience.
• Solid understanding of the Property & Casualty insurance industry.
• Experience with Excess and Surplus lines underwriting.
• Expertise in underwriting complex or unfamiliar risks.
• Ability to apply loss development and advanced loss analysis concepts to achieve optimal risk pricing.
• Ability to creatively structure coverage features, deductibles, and reinsurance solutions to meet company objectives.

To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes.

Preferred To Have

• Master’s degree in risk management, Finance, Mathematics, or Business.
• Professional insurance designations such as CPCU, ARM, or AU.
• Completion of INS 21, 22, and 23, or equivalent coursework.

Pay

Please note, that the annual [gross salary range (hourly rate)] associated with this posting is $72,560 - $157,950. This range represents the anticipated low and high end of the base salary for this position. Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role. The total compensation will include a base salary, performance-based bonus opportunities, 401(K) match, profit-sharing opportunities, and more.

To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefits.